Wonga alternative. Although Wonga no more offer loans you may think about Satsuma as one alternative loan provider


Wonga alternative. Although Wonga no more offer loans you may think about Satsuma as one alternative loan provider

They’ve been in administration since August 2018 if you were searching for a loan from Wonga. These are generally not any longer providing loans to brand new or existing clients.

Wonga utilized to deliver extremely short term loans. Usually referred to as pay day loans which had been made to be paid back over a really little while of the time.

Although Wonga not any longer offer loans you might give consideration to Satsuma as one alternative loan provider. Only at Satsuma we provide short term installment loans, susceptible to affordability of between ?100 and ?1,000 repayable over 3 to one year. Nonetheless, you ought to know that financing from Satsuma varies in a few how to those formerly made available from Wonga plus some present cash advance loan providers.

Satsuma loan calculator

You can view just how much a Satsuma loan will price simply by using our loan calculator. You are enabled by the calculator begin to see the varying costs of repaying the mortgage over differing levels of time.

Why wouldn’t you select us for a short-term loan?

Satsuma Loans had been designed with a knowledge of what matters for you.

No concealed charges

Client satisfaction

Our clients speed us 4.68 away from 5. Reviews.co.uk July 2019

Check always just before use

Before you apply if you’re concerned about whether or not you’ll be accepted for a loan and the impact on your credit rating, you can check.

We will let you know in sixty moments if you’re entitled to a loan. We repeat this without doing a credit that is hard, so there’s no effect on your credit score.

But, should you choose proceed together with your Satsuma loan application, we’ll execute a credit that is hard before confirming our choice. This check will be recorded on your own credit history.

How it functions

We check your info

It is not an application that is full we just require several details

Protect your credit rating

Irrespective of the total outcome, it’s not going to impact your credit rating until you decide to use

Provide you with your outcome

You will find down in 60 moments. We will need certainly to look at your details if you decide to apply*

Some options that come with a Satsuma temporary loan

  • You will be qualified to borrow from ?100 to ?1,000, susceptible to affordability
  • Repay over 3 – year
  • Select regular or month-to-month repayments
  • No costs

Borrow from ?100 to ?1,000

All Satsuma loans can be obtained susceptible to affordability. If your application is authorized, as a brand new client you could borrow from ?100 – ?1,000 over 3-12 months.

Needless to say, may very well not would you like to borrow the utmost quantity, therefore we offer the flexibleness of trying to get any amount from ?100 upwards.

Wonga loans had been just a little various for the reason that they typically would have to be paid back more than a reduced period of time.

Versatile payment terms


You are able to decide to distribute your repayments over three to 12 months. But, you may find you will spend more in interest the longer you are taking to settle that loan.

Some clients decide to repay their Satsuma loans in month-to-month instalments. But we do offer you the choice of spending regular. You will probably find this useful in the event that you get your wages every for example week. You can make use of the mortgage calculator to observe how regular repayments compare against month-to-month terms for the total amount you intend to borrow.

Credit checks

Once you submit an application for any sort of loan all loan providers will carry away a credit check. The credit check determines whether the job will be authorized.

Satsuma may also do a credit check, not constantly right away. We enable you to determine if you’ll be authorized for the Satsuma loan before you use without inside your credit history. But, if you undertake to try to get our loan we shall finish a complete credit check.

Trying to get a short-term loan from Satsuma – a Wonga alternative

You should do is use our loan calculator to see how much your payments will be on the amount you’d like to borrow if you want to apply for a Satsuma loan, the first thing. You’ll select your loan quantity and over exactly exactly exactly just what period you’d like in order to make your repayments. You can easily adjust these quantities and timescales to get the loan that most readily useful matches your requirements. You can examine to see if you’ll be accepted or perhaps you can get right to our application web web web page.

Satsuma is component of Provident private Credit Limited. We’ve been running a business for more than 130 years.

Prepared to make an application for a Satsuma loan?

Trying to get that loan from Satsuma is just a process that is three-step

  1. Make use of our loan calculator to observe much your repayments is going to be in the amount you intend to borrow.
  2. Always check to see if you’re entitled to a loan before you use.
  3. Finish the application that is online.

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